Renugen Limited sold renewable energy products including solar panels and wind turbines
An Insolvency Service investigation found orders had not been delivered and some customers had yet to receive refunds
The company was subject to a winding up order at the High Court in London on 8 May 2025
A renewable energy company, based in Kent, has been shut down after an Insolvency Service investigation found it had failed to deliver orders and not refunded some customers for undelivered products.
Renugen Limited, last registered in Canterbury, sold renewable energy products online – from £50 batteries to £350,000 wind turbines.
The Insolvency Service identified 34 customers who had paid £74,570…
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Beacon Products, Zandox Group and Mr Warren Skry in court for alleged misleading and unconscionable sales practices The National Tribune
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India extends financial support to debt-ridden Maldives Reuters
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What Weightwatchers’ bankruptcy means for members CTV News
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The National Company Law Tribunal (NCLT), Mumbai bench of Justice V. G. Bisht (Judicial Member) and Shri Prabhat Kumar (Technical Member) dismissed a section 7 petition on the ground that Financial Creditor cannot seek insolvency of a debtor alleging default in payment of a financial debt when such creditor owes more than the amount claimed to be in default to such debtor.
Background Facts:
Future Consumer Limited (“Financial Creditor”) is engaged in the business of branding, manufacturing, processing, selling and distribution of fast-moving consumer goods. On the other hand, Aussee Oats India Limited (“Corporate Debtor) is an exporter, manufacturer, supplier and trader of cereals, oat meals and other products.
…
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Petitions on behalf of HMRC have been lodged at Dunfermline Sheriff Court asking that Central Ventures Limited, Gillco Ltd and The Rosedale Partnership Ltd be wound up and a liquidator appointed.
All have links with Neville Taylor and a correspondence address at Dunnock Road in the city.
A total of 16 firms with the same correspondence address in Dunfermline and connected to Taylor have now gone into liquidation since the start of the year.
Back in January, Taylor, 58, was banned from being a company director for nine years after he admitted being a key player in a scheme that saw £7.6 million in assets go missing.
READ MORE: Move to liquidate another firm registered to Dunfermline businessman
The…
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The largest fish market in the southern hemisphere has hit back at claims it is close to financial collapse.
The Sydney Fish Market (SFM), responding to reports it was confronting an $8m loss for 2023-24 and had allegedly brought in insolvency experts, stated bluntly it remained a viable business.
“Sydney Fish Market refutes claims that it is close to insolvency,” an SFM spokeswoman told NewsWire on Thursday afternoon.
“It is taking longer than anticipated to finalise our financial report, due to extenuating circumstances related to the once in a generation transition to the new Sydney Fish Market.
Amigo Loans has less than two months to secure a viable future or it will fall into insolvency, the collapsed subprime lender said on Monday.
The group revealed a shake-up of its senior leadership team as it warned it must raise additional funding as ‘current resources will only be sufficient until early July 2025’.
Amigo stopped trading in March 2023 and began a winddown process in the wake of regulatory issues that forced it to cease offering new loans three years earlier.
The…
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Every week, Zikoko seeks to understand how people move the Naira in and out of their lives. Some stories will be struggle-ish, others will be bougie. All the time, it’ll be revealing.
In the university. I attended a boarding secondary school and didn’t handle much money as a child. I think that’s why, the first time my dad gave me a ₦40k allowance in uni, I went wild and finished the money in one week. And this was in 2007.
Yes. It was the first time I realised that money could come easily but go just as quickly. My dad was surprised when I called to ask for more money after a week.
He was like, “You know what?…
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StrongRoom AI’s administrators recommend liquidation Startup Daily
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Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:
1. Open the settings menu by clicking the hamburger menu in the top right
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